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FCMB Excites Soccer Fans as COPA Lagos Ends

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First City Monument Bank (FCMB) Limited has restated its commitment to support initiatives geared towards youths, sports and overall national development. The assurance was given by the Group Managing Director/Chief Executive of the Bank, Mr. Ladi Balogun, during the closing ceremony of this year’s COPA Lagos Beach Soccer tournament on December 20, 2015. The tournament, organised by Kinetic Sports Limited and sponsored by the financial institution for the fifth consecutive year, took place from December 18 to 20, 2015 at Eko Atlantic Beach, Victoria Island, Lagos.

Defending champions, Cote D’ivoire retained the trophy this year, while the Super Sand Eagles of Nigeria came second. Koblan Assouan of Cote D’ivoire was voted as the Most Valuable Player. The tournament featured the national beach soccer teams of Nigeria, England, Cote D’ivoire and Lebanon. The Beach soccer teams of Barcelona Football Club of Spain, Kano Pillars, Shooting Stars Sports Club and Pepsi Academy; all of Nigeria, also participated in the highly colourful and entertaining 3-day soccer fiesta.

According to Mr. Balogun, the Bank’s interventions in the area of sports are aimed at developing the minds, body and abilities of the populace, especially youths, to contribute significantly to the growth of the country. ‘’The COPA Lagos Beach soccer tournament provides a platform to bring our customers, Nigerians, soccer fans, families, players and other stakeholders together in an atmosphere of relaxation, excitement and bonding which are very important to healthy living and nation building. This tournament has become one of the most exciting events not just this festive season but during the year’’.

He added that, ‘’Beach Soccer is becoming more popular in Nigeria. We believe that our sponsorship of the tournament in the last five years has helped to raise the profile of the game going by the large turnout of spectators and other dignitaries that have been watching the football matches and other lifestyle events associated with the tournament. We will continue to remain a strong supporter of initiatives that will create opportunities and equip our Nigerian youths for a bright future’’.

Apart from the excitement which FCMB built around the football matches, the Bank also treated guests and customers that attended the fiesta to a VIP treatment at its hospitality lounge. Among the dignitaries that registered their presence at the lounge were Lagos State Commissioner for Sports, Mr. Deji Tinubu; frontline sports administrator, Dr. Amos Adamu, Mr. Tilewa Adebajo, ace comedian Ali Baba.   FCMB also hosted former personalities like Mr. Adebajo, Victor Ikpeba, Mutiu Adepoju, Waidi Akanmu, among others, at the lounge.

Guests and spectators were also provided with opportunity to experience the unique banking services of FCMB as the sales team of the Bank was on ground to showcase its array of valued-added products and services. There was also an ATM installed at the venue by the Bank for easy access to cash and other financial transactions. The tournament also witnessed fashion show and concert with performance from top rated artistes.

Commenting on this year’s tournament, Dr. Adamu, expressed excitement at the growing status of beach soccer in Nigeria and the support provided by corporate bodies like FCMB. According to him, “beach soccer has come to stay and it is growing. Nigerians now know about beach soccer and I sincerely want to thank the organisers of this tournament, FCMB, Pepsi and the other sponsors for living up to expectation”.  Also speaking, Victor Ikpeba said, “this year’s competition was well organized and a memorable experience for me’’. He commended FCMB for its roles at promoting sports development. According to him, ‘’the action of the Bank demonstrates that it means well for the youths and sport, because beach soccer is an exciting game that has the capacity to effectively engage our youths to realise and fulfill their potentials. The involvement of FCMB and other sponsors in COPA Lagos have made the tournament more glamorous’’.

Over the years, FCMB has supported sporting activities that have wide appeal across demographic and socio economic classes in line with its value as a simple, reliable and helpful financial institution.

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Controversial Sterling Bank caught in the act! CBN sanctions, parades officials for hoarding new naira notes [VIDEO]

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Officials of the Central Bank of Nigeria (CBN) have discovered N6 million of the new naira notes hoarded in Sterling Bank Plc, Ado Ekiti branch on Bank Road, Ado Ekiti in Ekiti State, having received the funds for over two weeks, THE WITNESS reports.

 

In a trending video on social media, seen by THE WITNESS, a man who identified himself as Oluwole Owoeye, a deputy director of CBN, while monitoring the distribution of the new naira notes in the state, was seen questioning the bank officials as to why they have not uploaded the funds into their Automated Teller Machines, (ATMs), despite having six of the machines in place.

 

The CBN director also announced a fine of N1 million for each day the fund was in the bank’s custody.

 

The CBN official said, “I am currently at Sterling Bank, on Bank Road as part of the new naira notes monitoring compliance with the guidelines by CBN. They have N6 million, which they collected from the bank for almost two weeks, they have not disbursed any. They said they are yet to configure their ATMs, I do not know why that and I have brought attention to the penalty clause of N1 million per day, because they have five ATMs here, they have no reason for keeping this money.

 

“The zonal service manager, Tunde Onipede promised that by 10:00am latest tomorrow (Monday), because I told him by latest 10:00 am I’ll be here and I want to see the machine dispensing this money.

 

“What is the name again? Olumide Owolabi (Service Manager, Ado) & Motunrayo Babayele. My name is Oluwole Owoeye and I am a deputy director of CBN.”

 

WATCH VIDEO HERE:

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FCMB Manager Arrested For Hoarding New Naira Notes

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A manager of the First City Monument Bank (FCMB) branch in Osogbo, Osun State capital, has been arrested for allegedly preventing Automated Teller Machines (ATMs) loaded with cash from dispensing money to customers.

The spokesperson of the Independent Corrupt Practices and other related offenses Commission (ICPC), Azuka Ogugua, in a statement on Friday said the cash bundles were loaded into the ATMs while still wrapped, and as such, could not be dispensed through the machines

“The ICPC Compliance Team in Osogbo has busted an FCMB in Osogbo, Osun State, where some ATMs were loaded with cash with their wrappers un-removed, thus preventing the cash from being dispensed.

“The Team, therefore, directed that the wrappers be removed, and the cash loaded properly’.

Similarly, seven Point of Sale (POS) operators as well as a security guard were arrested during the ongoing exercise in Osun State for charging exorbitant commissions for cash.

Investigations, however, revealed that they got the money from Filling Stations that collect new notes from fuel buyers, but they then resell the cash to the public at exorbitant rates.

The arrested persons are helping the Commission with information to assist investigations and bust any syndicates involved in the hoarding or sales of the redesigned notes.

 

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New naira: ICPC arrests Stanbic IBTC Bank manager over sabotage

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The Independent Corrupt Practices and other related offences Commission (ICPC), has arrested an official of Stanbic IBTC Bank in Abuja for alleged sabotage.

The ICPC spokesperson, Azuka Ogugua, said the development was in continuation of ICPC’s clampdown on elements frustrating efforts in making the redesigned Naira notes available to members of the public.

The bank official, who is the branch service head of Stanbic IBTC Bank, Deidei Branch in Abuja, was taken into custody for her deliberate refusal to upload cash into the branch’s Automated Teller Machines (ATMs) even when the cash was available and people were queuing at the ATM points.

The statement reads: “When the ICPC monitoring team stormed the bank at about 1:30pm on Friday to ensure compliance, and demanded explanation as to why all the ATMs were not dispensing cash, the team was informed by the branch’s head of operations that the bank just got delivery of the cash.

“However, facts available to the ICPC operatives indicated that the branch took delivery of the cash earlier around 11:58am and either willfully or maliciously refused to feed the ATMs with the cash.

“Against this backdrop, the ICPC team compelled the bank to load the ATMs with the redesigned Naira notes and ensured that they were all dispensing before arresting the culprit.

“The ICPC said investigations were still ongoing and the Commission will take appropriate actions as soon they are concluded.

“Similarly, seven Point of Sale (PoS) operators as well as a security guard were arrested during an ongoing exercise in Osun State for charging exorbitant commissions for cash.

“Investigations, however, revealed that they got the money from Filling Stations that collect new notes from fuel buyers, but they then resell the cash to the public at exorbitant rates.

“The arrested persons were helping the anti-graft commission with information to assist investigations and bust other syndicates involved in the hoarding and sales of the redesigned Naira notes,” the anti-graft agency said.

 

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